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Alderney Suspends Ftp License


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This really is bad.

The AGCC said in a statement this morning: “The decision to suspend these licenses follows a special investigation prompted by the indictments unsealed by US Attorney General’s Office in the Southern District of New York on 15th April 2011, during which grounds were found to indicate that these licensees and their business associates were operating contrary to Alderney legislation."
I hope the fact that they were offering games to Americans isn't the part of their operations that was contrary to Alderney legislation but more relates to their financial problems and not having player's funds available to be cashed out.
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http://www.gamblingcontrol.org/userfiles/f...on%20290611.pdfIn the matters of:-VANTAGE LIMITEDOXALIC LIMITEDFILCO LIMITEDAndORINIC LIMITEDAlderney Gambling Control Commission (AGCC) has today issued Hearing Notices under Regulation 46 of the Alderney eGambling Regulations, 2009 to the above named companies who collectively trade as FULL TILT POKER.In addition, AGCC has issued Suspension Notices under Regulation 47 of the Alderney eGambling Regulations, 2009 to the above named companies requiring them to immediately suspend operations.The above named companies must, until the Suspension Notices are cancelled or the Commissioners of AGCC have reached a determination at the conclusion of the hearing convened in accordance with Regulation 46 of the Alderney eGambling Regulations, 2009 cease to exercise their eGambling licenses, which means that these licensees must from today cease to:- Register new customers; Accept deposits from existing customers; Allow existing customers to withdraw funds that are held in their accounts; and Permit customers to participate in any form of poker game play or gambling transaction.The Alderney Gambling Control Commission will hear the matters contained in the Hearing Notices at a Regulatory Hearing which will commence at 10.00am on Tuesday 26th July, 2011 at the Victoria Park Plaza Hotel, 239 Vauxhall Bridge Road, London SW1V 1EQ. In the event that there is a change to these details this notice will be amended.André Wilsenach (Executive Director)Alderney Gambling Control CommissionAlderney, Channel Islands
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I can't even imagine how many millions are tied up right now from all over the world and the FTP pros. Definitely a crap ton of people shitting themselves right now.

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Too hard to find the post/vcap from my phone but someone on 2p2 said they are just gonna operate without a license.
Going rogue like that is a pretty big step since it'll mean getting kicked out of France and Italy for example.Moneybookers has already dropped them but anything is possible.
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http://www.gov.im/gambling/Statement from Isle of Man Gaming Authority about Poker Stars issued today.GSC Statement 29th June 2011The Isle of Man Gambling Supervision Commission wishes to make it clear that the licensing status of PokerStars in the Isle of Man remains unchanged following today's statement from the Gambling Control Commission in Alderney. Alderney is a separate jurisdiction from the Isle of Man and the operation in question is separate from PokerStars. PokerStars continues to demonstrate compliance with its licence conditions in the Isle of Man. PokerStars continues to offer withdrawals to any players who wish to withdraw their funds, including players in the USA to whom PokerStars does not currently offer real-money gaming.
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http://www.gov.im/gambling/Statement from Isle of Man Gaming Authority about Poker Stars issued today.GSC Statement 29th June 2011The Isle of Man Gambling Supervision Commission wishes to make it clear that the licensing status of PokerStars in the Isle of Man remains unchanged following today's statement from the Gambling Control Commission in Alderney. Alderney is a separate jurisdiction from the Isle of Man and the operation in question is separate from PokerStars. PokerStars continues to demonstrate compliance with its licence conditions in the Isle of Man. PokerStars continues to offer withdrawals to any players who wish to withdraw their funds, including players in the USA to whom PokerStars does not currently offer real-money gaming.
Ha! In your FACE, Alderney!!!
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Does Ivey now play the $50K and ME?
Speaking of Ivey.Here is my lame theory. He got a divorce last year. I would venture to guess that he was either hiding funds from her online or he said listen you get all the hard assets and I'll keep all the money that's online. When Black Friday went down he just became uber cash poor. Maybe not but we are speculating about everything else. So why not the real reasons why he field the law suit.
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does this mean anything for canadians?
not really, other than the fact you cant play on fulltilt anymore and if you have any money on there right now you can't get it out. But outside of that, no
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does this mean anything for canadians playing on stars?
It should mean no change for a Canadian playing at Stars. I posted the Isle of Man Gaming Commission's statement about Poker Stars and that they are in full compliance with their licensing requirements.
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Statement From Poker Starshttp://www.pokerstarsblog.com/2011/stateme...ars-083011.htmlNote: PokerStars issued this statement today regarding the suspension of Full Tilt Poker's license:"In light of today's news that Alderney Gambling Control Commission has suspended Full Tilt Poker's license, PokerStars wishes to assure our customers that their funds are completely safe and that our operations are completely unaffected. The Isle of Man Gaming Commission today re-affirmed that PokerStars' worldwide licensing is intact and that our operations are in full compliance with all of its requirements. PokerStars' online operations continue as normal and all funds in players' accounts are safe and available for withdrawal as usual with no delays.PokerStars also remains in full compliance with our licenses in other jurisdictions where we are regulated, including France, Italy and Estonia.As provided under our licensing, PokerStars has always maintained the integrity and security of our players' funds, by keeping all such funds in segregated bank accounts, always available for immediate withdrawal.Since the actions of US Department of Justice in April, we have returned more than $120 million to US players and continue to act upon requests as they are received. Players outside the US have not been affected and all cash-outs have been processed without delays. Further, PokerStars entered into an agreement with the Department of Justice which expressly confirmed the company's ability to operate outside the US.We will continue to operate as a responsible corporate citizen and are committed to serving the needs of our customers in complete compliance with our regulatory requirements."

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